NEW YORK ( TheStreet) -- After a brief parting from my charts to watch Green Bay's glorious victory and dominance over the Vikings in title-town, I reviewed many more dividend paying stocks.Even with dividend tax rates going up and even if growth and earnings come under pressure as a result of consumers spending less, your portfolio is going to be very happy to at least have regular dividend income arriving while we all collectively sit on our hands and wait this economic downturn out. In the first half of 2013, we have federal tax-and-spending battles to look forward to. In the second half, we have fears of the Affordable Care Act taxes and regulations starting in 2014. With the one-two punch we can see coming our way, should we just write the whole year off and go on vacation? Not at all. Now is the time to get serious about finding ways to make money in this environment. Even if, you can't bank on a bull market, you can position your portfolio for an attractive yield.
Seagate Technology ( STX) Background: Seagate Technology makes hard-disk drives for enterprise storage, client compute and client non-compute market applications worldwide. 52-Week Range: $18.14 to $35.71 Price to Book: 3.5 Earnings Payout Percentage: 13% TheStreet's Kate Stalter writes about Seagate in
US Bancorp ( USB) Background: US Bancorp is a financial services holding company. They operate full-service branch offices and ATMs and provide financial services products to consumers, businesses and institutions. US Bancorp is the parent company of Firstar Bank and U.S. Bank. 52-Week Range: $27.30 to $35.46 Price to Book: 1.8 Earnings Payout Percentage: 25% US Bancorp is a big bank, but just small enough to stay off the main radar compared to the other larger banks. That's too bad for investors who may have passed up this dividend jewel. While USBancorp fell considerably along with the rest of the financial industry in 2009, on a relative basis, USBancorp held up better than almost everyone else. US Bancorp is where I do some of my personal banking. It's also home to Travis Kraker, an investment adviser who is one of the best I know of. Many investment advisors are closer to a salesperson than advising, Kraker is the exception. USB Payout Ratio TTM data by YCharts
J&J ( JNJ) Background: Johnson & Johnson works with partners in health care all over the world. It is the world's sixth-largest consumer health company and the world's largest and most diverse medical devices and diagnostics company. 52-Week Range: $61.71 to $72.74 Price to Book: 3.4 Earnings Payout Percentage: 77% J&J is an old school dividend stock with an up-trending stock price attitude. A yield of 3.4% is attractive enough to keep J&J always on my watchlist, but I have written about the company many times because of the stock performance. J&J is a great one to buy on dips, or to write put options to gain entry. Based on technical analysis of the weekly price chart, last week was a break-out week in price. That means this week we will look for a retracement, and if it happens, we will have a relatively low risk entry point. The March $70 strike put option can be sold for about $1, resulting in a cost basis of $69 per share. If you look at the daily price chart, the dips in price generally have found price support near $69 per share. JNJ Payout Ratio TTM data by YCharts
AT&T ( T) Background: AT&T is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the U.S. and around the world. Among their offerings are the world's most advanced IP-based business communications services, the nation's fastest 3G network and the best wireless coverage worldwide, and the nation's leading high speed Internet access and voice services. 52-Week Range: $29.02 to $38.58 Price to Book: 2 Earnings Payout Percentage: 70% Ma Bell hasn't always been one of my favorite stocks. For wireless providers, Sprint ( S) has been the stock I was most bullish toward. Sprint has doubled in price since I began writing about it. AT&T has struggled with customer service for a long time, and depended on its massive size to carry it through the day. To be fair, some of my customer service opinion with AT&T is a result of my own experiences, but it only colors it, not controls it. Having an exclusive contract with Apple ( AAPL) didn't do AT&T any favors in the long run. It only allowed the "it's my way or the highway" mentality to flourish longer than it should have. T Payout Ratio TTM data by YCharts
At the time of publication, the author held no positions in any of the stocks mentioned.